This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of KLA Corp. rose 5.2% to $161.01 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.3% to 7,619.38 and the Dow Jones Industrial Average rising 0.5% to 52,486.49.
This was the stock's fourth consecutive day of gains.
KLA Corp. closed 47.6% below its 52-week high of $307.37, which the company achieved on June 30th.
The stock demonstrated a mixed performance when compared to some of its peers, as Applied Materials Inc. rose 6.1% to $395.08, Analog Devices Inc. rose 4.0% to $409.08, and Marvell Technology Inc. rose 9.33% to $168.80.
Trading volume totaled 10.9 million, compared to the 50-day average of 11.5 million.
Data source: Dow Jones Market Data, FactSet
Comments